[171 Pages Report] The train control systems market was estimated to be USD 2.26 Billion in 2016 and is projected to reach USD 3.58 Billion by 2022, at a CAGR of 8.02% during the forecast period. The global transportation industry is focusing on decreasing greenhouse gas emissions and air pollution. Several countries are developing a rapid rail transit network to follow a sustainable path, which in turn is expected to boost the market for Train Control Systems. The train control systems market is driven by factors such as growing population and urbanization in developing countries such as India and China and availability of high-speed communication systems.

Years considered for this report:

2016: Base Year

2017: Estimated Year

2022: Projected Year

Objectives of the Study:

To define, describe, and forecast the global train control systems market by component, connectivity, train type, and region

To define, describe, and forecast the train control solutions market by type (positive train control, communication-based train control, and integrated train control) at regional and country level

To analyze and forecast the train control systems market by component (vehicle control unit, mobile communication gateway, and human machine interface)

To analyze and forecast the train control systems market by train type (electric multiple unit, diesel multiple unit, and metro)

To analyze and forecast the train control systems market by connectivity (GSM-R, Wi-Fi, TETRA, and others)

To project the train control systems market for four key regions, namely, Asia Oceania, Europe, North America, and Rest of the World (RoW)

The research methodology used in the report involves various secondary sources including paid databases and directories such as International Union of Railways, Centre for Railway Information Systems, Community of European Railway and Infrastructure Companies (CER), Federal Railroad Administration, RailNetEurope (RNE), Association of American Railroads (AAR), Australasian Railway Association (ARA), investor presentations and annual reports of key market players, Factiva, Bloomberg, and Hoovers. Experts from related industries and suppliers have been interviewed to understand the future trends of the TRAIN CONTROL SYSTEMS market. The bottom-up approach has been used to estimate the market size, in which country-wise sales statistics have been taken into account by train type. The market size, by value, is derived by multiplying the average selling price of TRAIN CONTROL SYSTEMS by the number of units. The summation of the country-wise market gives the regional market, and further summation of the regional market provides the global TRAIN CONTROL SYSTEMS market.

The top-down approach has been used to estimate the train control systems market for solutions. The global train control systems solutions market has been broken down by solution type and region. Further, these regional numbers have been broken down by country and solution type. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

The figure given below shows the breakdown of the profile of industry experts who participated in primary discussions.

With the given market data, MarketsandMarkets offers customizations as per company-specific needs. The following customization options are available for this report:

Train Control Systems Market By Services (Installation Services And Maintenance Services), By Region

Asia Oceania

Europe

North America

Row

Train Control Systems Components Connectivity Market, By Country

China

Japan

South Korea

US

Canada

UK

Germany

France

The Train control systems market is estimated to be USD 2.26 Billion in 2016 and is projected to reach USD 3.58 Billion by 2022, at a CAGR of 8.02%. Public transportation offers a range of benefits over private conveyance due to rising concerns about greenhouse gas emissions, fluctuating fuel prices, and traffic congestion. The increasing demand for a high-speed rail transit network is expected to boost the market for train control systems. The train control systems market is also driven by growing population and urbanization in developing countries such as India and China and increasing availability of high-speed communication systems. Further, train control systems increases the efficiency and reliability of trains and shortens their response time by automating the operations of the train and its subsystem and passenger safety. These factors are expected to drive the global train control systems market during the forecast period.

The global train control systems market is segmented by component into vehicle control unit, mobile communication gateway, human machine interface, and others. The mobile communication gateway segment is projected to grow at the fastest rate during the forecast period. The demand for automation and fastest connectivity is increasing in the railway industry, which in turn is expected to drive the market for mobile communication gateway during the forecast period. Furthermore, the mobile communication gateway market is expected to be driven by the growing demand for new communication technologies such as LTE-R and satellite.

The train control systems market is segmented by train type into metros & high-speed trains, EMU, and DMU. The metros & high-speed trains segment is estimated to account for the largest market share in the train control systems market during the forecast period. The increasing government activities to enhance the high-speed rail network and fulfill the transportation gap in countries such as the UK, France, India, China, and South Korea are expected to drive the metros & high-speed trains segment in the train control systems market.

The train control systems market is segmented by connectivity into GSM-R, TETRA, Wi-Fi, and others. The GSM-R segment is estimated to be the largest market during the forecast period. Factors such as ease of installation, availability of communication infrastructure, ability to fulfill technical requirements for interoperability and standard communication gateway for systems such as ERTMS Level 2 & Level 3, as well as China Train control systems (CTCS) are expected to drive the global train control systems market during the forecast period.

The study also segments the train control solution market by type into Communication Based Train Control (CBTC), Positive Train Control (PTC), and Integrated Train Control (ITC). The ITC segment is projected to grow at the fastest rate during the forecast period due to its advanced functioning. As ITC solution is in the introduction stage of product life cycle, it is expected to grow rapidly, which in turn would drive the ITC market during the forecast period.

The US accounts for a major market share of the train control systems market. While the installation rate is high, the demand for train control systems is expected to rise with the increasing penetration of metros & high-speed trains. Thus, the North American region is estimated to be the fastest growing market for train control systems by 2022. The North American market is primarily driven by the demand in the US and Canada. The growing rail networks for freight transport and high-speed passenger transport are expected to support its economic growth as a preferred mode of transport.

Factors restraining the growth of the market are high infrastructural and maintenance costs, need for regular maintenance and overhaul of rolling stock, and lack of interoperability as different national rail networks have established different technical specifications for the rail infrastructure.

The train control systems market is dominated by players such as ALSTOM SA (France), Siemens AG (Germany), and Bombardier Inc. (Canada). ALSTOM SA (France) is one of the leading players in the train control systems market. The company has a wide product portfolio and strong customer base in Asia Oceania and Europe.

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9 Train Control Solution Market, By Type & Region (Page No. - 95) 9.1 Introduction 9.2 Train Control Systems Solution Market, By Region 9.3 Train Control Systems Market, By Solution Type 9.3.1 Communication-Based Train Control (CBTC) Market, By Region 9.3.1.1 Communication-Based Train Control (CBTC) Market for Asia Oceania, By Country 9.3.1.2 Communication-Based Train Control (CBTC) Market for Europe, By Country 9.3.1.3 Communication-Based Train Control (CBTC) Market for North America, By Country 9.3.1.4 Communication-Based Train Control (CBTC) Market for the Rest of the World (RoW), By Country 9.3.2 Positive Train Control (PTC) Market, By Region 9.3.2.1 Positive Train Control (PTC) Market for Asia Oceania, By Country 9.3.2.2 Positive Train Control (PTC) Market for Europe, By Country 9.3.2.3 Positive Train Control (PTC) Market for North America, By Country 9.3.2.4 Positive Train Control (PTC) Market for the Rest of the World (RoW), By Country 9.3.3 Integrated Train Control (ITC) Market, By Region 9.3.3.1 Integrated Train Control (ITC) Market for Asia Oceania, By Country 9.3.3.2 Integrated Train Control (ITC) Market for Europe, By Country 9.3.3.3 Integrated Train Control (ITC) Market for North America, By Country 9.3.3.4 Integrated Train Control (ITC) Market for the Rest of the World (RoW), By Country